- •Череповецкий государственный университет
- •Кафедра экономики
- •Современный бизнес
- •Contents
- •Введение
- •Unit 1. The effects of demand and supply on business
- •1.1. Markets
- •Test Questions
- •Case study ‘Understanding the Market’
- •1.2. The Operation of Markets
- •If social costs exceed social benefits, the decision to produce a good or service makes society worse off even if the producers make a profit.
- •If social costs are less than social benefits, the decision to produce a good or service will make society better off. Test Questions
- •Case study ‘Record Industry’
- •1.3. The Effects of Government Policy on Markets
- •Indirect taxes
- •Test Questions
- •Unit 2. The competitiveness of a firm
- •2.1. The Performance of an Industry
- •International Trade
- •International comparisons
- •2.2. Government Action to Improve Competitiveness
- •2.3. Government Action and International Trade
- •2.4. Business Competitive Strategies
- •Test questions
- •Case Study
- •Unit 3. Business Organisations
- •3.1. Types of Business Organization
- •3.2. Organizational Structures
- •3.3. Factors Influencing the Organisational Structure
- •Internal factors
- •Test Questions
- •Case Study ‘Business Organisation & Structure’
- •Unit 4. Administrative systems
- •4.1. The Purpose of Administrative System
- •4.2. Administration Functions in Business
- •4.3. Evaluating Administrative Systems
- •4.4. Information Technology in Administration
- •Test Questions
- •Case Study ‘Satellite Supplies’
- •Unit 5. Communications Systems
- •5.1. Why Do Businesses Need Communications System?
- •5.2. The Objectives of Communication
- •5.3. Verbal Communication
- •Internal communications
- •5.5. Evaluating Communication Systems in Business
- •Test Questions
- •Case Study ‘Can You Communicate?’
- •Unit 6. Information Processing
- •6.1. The Purposes of Information Processing
- •6.2. Types of Information Processing Systems
- •Information Technology: positive and negative effects
- •6.3. Evaluating Information Processing Systems
- •Test Questions
- •Case Study “Information Technologies in Business”
- •Unit 7. The principles and functions of marketing
- •7.1. What is Marketing?
- •7.2. The Objectives of Marketing
- •7.3. Implementing the Marketing Mix
- •Test Questions
- •Unit 8. Market Research
- •8.1. What is Market Research?
- •8.2. Sources of Marketing Information
- •Information requirements
- •Internal sources
- •8.3. Primary Research
- •8.4. Market Changes
- •Information on sales
- •Test Questions
- •Case Study ‘Sun Rush’
- •4M Brits shrug off gloom in sun rush
- •Unit 9. Marketing Communications
- •9.1. Targeting an Audience
- •9.2. How to Reach a Target Audience
- •9.3. Product Performance
- •9.4. Guidelines and Controls on Marketing Communications
- •Test Questions
- •Case Study ‘Marketing Communication’
- •Unit 10. Customer Service and Sales Methods
- •10.1. ‘The Customer Is Always Right’
- •10.2. Placing the Product – Distribution
- •Indirect distribution via intermediaries
- •10.3. Closing the Sale
- •Test Questions
- •Case Study ‘Company Handbook’
- •Unit 11. Production
- •11.1. What is Production?
- •11.2. Just in Time Production and Total Quality Management
- •11.3. Improving the Productivity of Labour
- •11.4. Health and Safety at Work
- •11.5. Reducing Pollution from Production
- •In the working environment
- •In the natural environment
- •Test Questions
- •Case Study ‘Production and Productivity Consulting’
- •11.6. The Costs of Production
- •Identifying business costs
- •Indirect costs
- •Insurance
- •Variable costs
- •Test Questions
- •Case study ‘Waterhouse Waffles’
- •Unit 12. Pricing decisions and strategies
- •12.1. The Pricing Decision
- •12.2. Cost-Based Pricing
- •12.3. Market-Based Pricing
- •12.4. Competition-Based Pricing
- •12.5. Problems with Demand- and Competition-Based Pricing
- •Test Questions
- •Case Study ‘What Price Promotion?’
- •Unit 13. Monitoring business performance
- •13.1. Accounting for Business Control
- •13.2. Budgetary Control
- •Variance analysis
- •13.3. Ratio analysis
- •Test Questions
- •Case Study ‘Business Performance’
- •Unit 14. Preparing a business plan
- •14.1. What Is a Business Plan?
- •14.2. The Purposes of a Business Plan
- •14.3. Legal and Insurance Implications
- •Insurance
- •14.4. Business Resources
- •14.5. Potential Support for a Business Plan
- •Some review questions
- •Unit 15. Producing a Business Plan
- •15.1. Business Objectives and Timescales
- •15.2. The Marketing Plan
- •15.3. The Production Plan
- •15.4. The Financial Plan
- •15.5. Conclusion
- •Some Review Questions
- •Case Study ‘Business Plan’
5.5. Evaluating Communication Systems in Business
Communication breakdowns
Although communications systems are often both costly and sophisticated, they can still fail to work efficiently for a variety of reasons:
Poor management can give rise to unprofessional behaviour and personality clashes which can disrupt communications within an organisation. A lack of understanding of the need to motivate employees and involve them in the decision-making process can also lead to poor communications, with staff failing to understand the reasoning behind management decisions.
Poor design: communications systems may be badly designed or out of date. For example, a business with offices on more than one site may find it very difficult to maintain good communications and good staff morale if it relies only on the postal service for communication, Alternatively, a business might outgrow its existing communications network and find, for example, that its existing computer network regularly breaks down because of work overload.
Differences in language or culture or large geographical distances between staff in a firm can also cause problems as firms grow to multinational or global size.
Poorly explained or presented messages can cause confusion and misunderstanding. The sender of the message must have some understanding of the receiver and his/her previous knowledge in order to produce an effective and easily-understood message.
Prejudices: sometimes people interpret a message according to their prejudices – that is, they see what they want to see and not what is actually being communicated.
Internal politics: staff struggling to score points or win political games often attempt to distort communications by spreading rumour and gossip in order to further their own aims, rather than those of the organisation.
Physiological barriers such as hearing and sight impairment can hamper communication. However, communications can also be adapted for people with special needs. For example, sign language is commonly used to communicate with deaf or hard-of-hearing workers. This is a quick and surprisingly powerful language in terms of the kinds of information and contexts it can communicate. Braille can be used to communicate written text and numbers to blind people, with words and numbers being represented by a series of raised dots on paper or other surfaces – for example, on lift buttons. Computer programs are also available to convert text directly into Braille, and special keyboards with Braille keys have been developed for visually handicapped people.
Over-use of jargon: technical terms or ‘buzzwords’, such as ‘reengineering’, or obscure acronyms and abbreviations can be a barrier to good communications.
Monitoring effectiveness
Because of the rapid pace of technological change and the pressure to remain competitive, firms nowadays need to continually review the effectiveness of their communications system. The most important question to ask is:
How well does it meet business objectives? For example, if a business finds that its products are always out of date and that it is usually beaten to the market by competitors, this may indicate that its communication system is inefficient. Alternatively, a survey of staff morale and motivation can reveal a great deal about the operation and workings of internal communications within an organisation.
Does it offer cost advantages? Information exchange is now faster than ever before and accuracy has improved, requiring less labour and power input. For example, a table of data can be sent in a matter of seconds via a telephone link between computers, compared to a fax machine, which takes longer and where quality of reproduction can be poor.
Does it offer value for money? Compared to its cost, how well does the system do its job? Are there cheaper ways of doing things which would work just as well? For example, there is little point in a small firm investing thousands of pounds in building a wide area network if it is not going to be used to send and receive messages and share software applications. New communications equipment can be very expensive.
Does it provide accurate information? It is essential that information sent and received by a business is error-free. For example, fax machines, although extremely useful, are not the best method for reproducing small characters. For example, if a faxed order is illegible this could mean that a supplier may deliver the wrong quantity of materials.
How easy is it to use and access information? What do the users of the system both inside the firm and outside, including customers and suppliers, think of it? Communication will be ineffective if users have difficulty operating the equipment or if those organisations you wish to contact, via fax or Email for example, do not possess the necessary equipment. However, new systems may pose a threat to security if communications can be intercepted by unauthorised personnel. Access might need to be restricted in some cases to protect the confidentiality of important business information.
What is the speed of access? Paper-based communication – for example, sending a letter or data by internal mail or external post – can e slow, Technological advance has allowed us to send and receive information from anywhere in the world in just a matter of minutes - for example, via electronic mail.
What is its impact on information exchange? Because of improvements in the speed and cost of data exchange, interaction between individuals and business organisations has increased. Firms are now able to learn of conditions in world markets, such as strikes or wars in countries supplying raw materials, and be able to react immediately to minimise the impact on their business. Much information is freely available on the Internet.
What is its impact on users? Prolonged use of computer screens and keyboards can impair eyesight and result in repetitive strain injury (RSI) in users’ fingers and wrists. Increasing demands on users for up-to-date information and skills to operate a variety of equipment can also cause stress.
Is training adequate? To ensure that full and effective use is made of new communications equipment and systems, a business also needs to make sure that users are adequately trained. No matter how user-friendly computers and other equipment are today, some basic training will be necessary if employees are to use them to send and receive information. However, training can be expensive.